Hello Traders!
Bitcoin is currently showing signs of forming a bullish setup after rejecting lower levels. The price has created a clean FVG (Fair Value Gap) zone and is moving within a falling channel, suggesting a possible accumulation before the next leg up.
Key Observations:
Rahul’s Tip:
Always wait for confirmation around the FVG zone. Entering too early may expose you to false breakouts. Risk management is crucial, especially in volatile assets like Bitcoin.
Disclaimer:
This analysis is for educational purposes only and not financial advice. Please do your own research before making any trading decisions.
Bitcoin is currently showing signs of forming a bullish setup after rejecting lower levels. The price has created a clean FVG (Fair Value Gap) zone and is moving within a falling channel, suggesting a possible accumulation before the next leg up.
Key Observations:
- FVG Support: Price is likely to retest the FVG zone before a strong upward move.
- Falling Channel: The structure indicates potential breakout to the upside.
- RSI Divergence: Momentum indicators are showing signs of strength, supporting a bullish reversal case.
- Targets: The upside targets are marked at 116,360 – 117,380 – 118,394 levels.
- Invalidation: A breakdown below 111,627 would negate this bullish setup.
Rahul’s Tip:
Always wait for confirmation around the FVG zone. Entering too early may expose you to false breakouts. Risk management is crucial, especially in volatile assets like Bitcoin.
Disclaimer:
This analysis is for educational purposes only and not financial advice. Please do your own research before making any trading decisions.
Rahul Pal (TradingView Moderator)
Free Telegram: spf.bio/c1lkb
Website: realbullstrading.com
For Learning Options & Swing Trading Strategies click here: wa.me/919560602464
Free Telegram: spf.bio/c1lkb
Website: realbullstrading.com
For Learning Options & Swing Trading Strategies click here: wa.me/919560602464
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Rahul Pal (TradingView Moderator)
Free Telegram: spf.bio/c1lkb
Website: realbullstrading.com
For Learning Options & Swing Trading Strategies click here: wa.me/919560602464
Free Telegram: spf.bio/c1lkb
Website: realbullstrading.com
For Learning Options & Swing Trading Strategies click here: wa.me/919560602464
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.